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A- current Ratio B- working capital C- Inventory turnover D- Invested capital
Inventory turnover is a income statement figure.
C- Inventory turnover
Inventory turnover =sales/inventory
Option C
Inventory Turnover
Inventory turnover (C) would be the right answer
the correct answer is
Option C
option : C is the right answer which means that how much inventory is sold over a period of time. It is calculated as:
Cost of Goods Sold ÷ Average Inventory
C-Inventory turnover is the right answer...........................
Cost of Goods Sold Figure will be use from Income statement for the calculation of inventory turn over ratio.
Which ratio of the following use income statement figures?
C- Inventory turnover